extensive track record
The Wealthy Invest Differently. At Portland Investment Counsel we have made it our mission to democratize wealth creation opportunities by providing all wealth-seeking investors with ACCESS to investment opportunities both within the public and private realm that are typically reserved for the affluent and institutional investor. Portland invests in publicly traded equities and private and alternative securities globally on behalf of retail and institutional clients. Portland is an Investment Fund Manager, Portfolio Manager and Exempt Market Dealer. With investor roots dating back to 1987, we have a reputation for being Owners and Operators thus we are insightful Investors.
Michael Lee-Chin purchased AIC Limited (AIC) in 1987 for $200,000; by the mid nineties and under Michael’s stewardship, AIC became Canada’s largest privately held mutual fund company. In September 2009 many of the investment funds managed by AIC were transferred to Manulife Mutual Funds, a division of Manulife Asset Management Limited. AIC was the second business which Michael built from the ground up and sold to Manulife; in 2007 Manulife Financial purchased the Berkshire-TWC Financial Group, an investment dealer with approximately 1,000 financial advisors and $12.5 billion in assets under administration.
- Experienced Portfolio Management Team
Over 120 years combined business and portfolio management experience. Our team has held CEO and Senior Executive positions in Canada and around the globe in various industries including: Banking, Wealth Management, Retail, Infrastructure etc. Our Portfolio Managers combine their extensive experience and judgement with in-depth research to make investments that are consistent with Portland Investment Counsel’s Investment Philosophy and the client’s objectives.
Michael Lee-Chin, Chairman of Portland Holdings is one of the most successful business people and investors in the world. As a Canadian entrepreneur, Michael grew a number of private businesses into prominent global brands:
- Berkshire-TWC Financial Group
One of the largest independent financial advisory firms in Canada (Sold to Manulife Financial in 2007)
- AIC Limited
Largest privately held mutual fund company in Canada in the mid-nineties (sold to Manulife Financial in 2009)
- National Commercial Bank Jamaica Limited
Largest bank by market share and profits in Jamaica
- Columbus International Inc.
Broadband provider to 22 countries
- Global Real Estate Portfolio
- Advantage General Insurance Company
- Portland Private Equity L.P.
a history of investing for clients globally
- Canadian Government Agency
- Division of the European Union
- United States Government Agency
- Prominent U.S. Pension and Endowment Funds
- Multinational Insurance Company